Metalla Royalty & Streaming (CVE:MTA) Trading 3.8% Higher - Still a Buy?

Metalla Royalty & Streaming Ltd. (CVE:MTA - Get Free Report)'s share price traded up 3.8% during trading on Monday . The company traded as high as C$5.21 and last traded at C$5.16. 49,517 shares were traded during mid-day trading, an increase of 110% from the average session volume of 23,614 shares. The stock had previously closed at C$4.97.

Analyst Upgrades and Downgrades

Separately, Ventum Cap Mkts upgraded Metalla Royalty & Streaming to a "strong-buy" rating in a report on Wednesday, May 14th.

Metalla Royalty & Streaming Price Performance

The company has a debt-to-equity ratio of 8.93, a current ratio of 1.46 and a quick ratio of 0.81. The business's fifty day moving average price is C$4.21 and its 200-day moving average price is C$4.13. The stock has a market capitalization of C$320.95 million, a price-to-earnings ratio of -14.33 and a beta of 1.46.

Metalla Royalty & Streaming Company Profile

Metalla Royalty & Streaming Ltd., a precious metals royalty and streaming company, engages in the acquisition and management of gold, silver, copper royalties, streams, and related production-based interests in Canada. It operates in Australia, Argentina, Mexico, Canada, Tanzania, Ecuador, Peru, Chile, Brazil, Venezuela, and the United States.